Two Italian Partners
At Deloitte May Face
Charges Over Parmalat

By

Alessandra Galloni and

David Reilly Staff Reporters of THE WALL STREET JOURNAL

Updated May 13, 2005 12:01 a.m. ET

In a blow to accounting firm Deloitte & Touche, Italian prosecutors who wrapped up their 18-month probe into the massive fraud at Parmalat SpA alleged that two partners in the firm's Italian arm contributed to the dairy company's bankruptcy.

The new allegations were contained in a document filed with a court in Parma, Italy, Thursday that outlined charges that prosecutors are likely to seek against 71 people -- including Parmalat founder Calisto Tanzi, several of his relatives, former top managers and lawyers -- for...